**CHARITY REGISTERED NUMBER: 1045203** ## **WEST OXFORD ANIMAL RESCUE** **TRUSTEES' REPOST AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023** ## **WEST OXFORD ANIMAL RESCUE** ## **TRUSTEES' ANNUAL REPORT** ## **FOR THE YEAR ENDED 28 FEBRURY 202 3** The Trustees present their report and the financial statement of the charity for the year ended 28 February 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS102) in preparing the annual report and financial statements of the charity. **Structure, Governance and Management** Governing document The charity is governed by its trust deed dated 5 March 1995. Organisation A board of trustees administers the charity. ## **Objectives and activities** The principal activities of the charity are to reliev the suffering of sick and abandones animals. The charity also provides shelter and care for such animals until a suitable home can be found. **Financial review** The charity has a deficit of £10,737 in the year. Continued …… ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF WEST OXFORD ANIMAL RESCUE** ## **FOR THE YEAR ENDED 28 FEBRURY 202 3** I report to the charity trustees on my examination of the accounts of the charity for the year ended 28 February 2023 ## **Responsibilities and basis of report** As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act') I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I jave followed all the applicable Directions given by the Charity Commission under section 145 (5)(b) of the Act. ## **Independent examiner's statement** In connection with my examination, no mtter has come to my attention : 1. Which gives me reasonable cause to believe that in any material respect the requirements. to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act. have not been met; or 2. to which in my opinion, attention should be drawn in order to enable a understanding of the accounts to be reached. Approved by the trustees on 28th N ovember 2023 signed on its behalf by Mr Richard H arding ## **WEST OXFORD ANIMAL RESCUE BALANCE SHEET AT 28 FEBRUARY 2023** |**Note**
**Tangible fixed asset**
Tangible asset
6
**Current asset**
Debtors
7
Bank Account
**Creditors**
Amounts falling due within one year
8
**Net current asset**
**Total Asset Less current liabilities**
**Net asset**
**Capital fund**
Unrestricted fund
**Total fund**|**2023**
**£**
**2022**
**£**
11,916
15,608
19,000 30,234
8,705 37,790
27,705 68,024
2,200 5,234
25,505
62,790
37,421
78,398
**37,421**
**78,398**
37,421
78,398
**37,421**
**78,398**| |---|---| for Charities and the special provisions of FRS102A Approved by the trustees on 28th N ovember 2023 and signed on is behalf. Mr Richard H arding The annexed notes from part of these financial statements. ## **NOTES TO THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 28 FEBRUARY 2023** ## 1. **Accounting policies** The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 (as updated through Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015. The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. The financial statements are prepared on a going concern basis under the historical convention (modified to include certain items at fair value). The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated. ## **Incoming resources** All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. ## **Tangible fixed assets and depreciation** Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Motor vehicles 25% reducing balance basis Fixtures and fittings 20% reducing balance basis |**2.Income and Endowments from:**|**2023**|**2022**| |---|---|---| |Donations & Legacies|10,287|30,629| |Charitable Activities|35,780|11,944| |**Total Income and Endowments**|46,067|44,594| |**Expenditure on:**||| |3.Rasing funds||| |4.Charitable Activities|56,805|59,253| |5.Other|-|800| |**Total Resources expended**|
56,805|60,053| |**6.Tangible Fixed asset**|**Motor Vehicles**|**Fixtures & Fittings**| |**Cost:**||| |At 1 March 2022|21,600|33,671| |Additions||| |Disposal||| |At 28 February 2023|21,600|33,671| |**Depreciation:**||| |At 1 March 2022|10,209|29,454| |---|---|---| |Charge for the year|2,848|843| |Disposal||| |At 28 February 2023|13,057|30,297| |**Net Book Value:** At 28 February 2023|8,543|3,374| |At 28 February 2022|11,391|4,217| ||**2023**|**2022**| |**7. Debtors and prepayments**||| |Amounts falling due within one year:||| |Prepayments||| |Amounts falling due after more than one year:||| |Loans|-|28,350| |**8. Creditors**|**2023**|**2022**| |Amount falling due within one year||| |Sundry creditors|-|4,434| |Accruals|2,200|800| |**9.Financial Instruments**|**2023**|**2022**| |The company had the following financial instruments:||| |Financial assets that are debt instruments measured at amortised cost||| |Other debtors|19,000|30,234| |Financial liabilities measured at amortised cost|||